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North Carolina Arbitration - Notice of Arbitration Hearing
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State:
North Carolina
Control #:
NC-CV-801
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PDF
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Description
Notice of Arbitration Hearing: This is an official form from the North Carolina
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FAQ
Although arbitration is used broadly to describe a method of alternative dispute resolution, arbitrations themselves can take many forms. In almost any arbitration, however, the complaining party will send the opposing party a notice of their intent to arbitrate a dispute, outlining the basis for the dispute.
Arbitration is a private process where disputing parties agree that one or several individuals can make a decision about the dispute after receiving evidence and hearing arguments.The arbitration process is similar to a trial in that the parties make opening statements and present evidence to the arbitrator.
In the event that a party fails to appear at the arbitration, the arbitration must still proceed. The party who is present must present evidence in support of their entire claim, proving to the arbitrator's satisfaction both liability and damages. An arbitrator may not issue an award solely on the default of a party.
An arbitration hearing is similar to a small claims trial. The participants present evidence and make arguments supporting their positions. After the hearing, the arbitrator decides in favor of one side or the other.An arbitrator is more like a judge, who hears the evidence and makes a ruling.
Notice of Arbitration means the document given when initiating recourse to arbitration or to join any Party as an Arbitrating Party as well as to initiate recourse in arbitration against any Party which is already an Arbitrating Party.
Filing and initiation. Arbitrator selection. Preliminary hearing. Information exchange and preparation. Hearings. Post hearing submissions. Award.
HOW LONG DOES ARBITRATION LAST? It usually takes several months for parties to do the necessary discovery and other work to prepare for an arbitration. The hearing itself will last anywhere from one day to a week or more.
Help to Expedite the Hearing Schedule. Consider Alternate Methods to Expedite the Entire Arbitration Process. Make It Easy for the Arbitrator to Follow Your Case. Don't Waste Your Opening Statement. Expose Your Smoking Gun. Define the Award. Keep It Professional.
